Mario Alexander Acuña of BBVA Colombia likes to keep things simple, so much so that he made a series of recommendations to improve the Risk Committee. Little did he know that he would be put in charge of leading a key digitization process.
The San Francisco Bay is home to an idyllic location. Silicon Valley has become a goal for entrepreneurs, investors and technology geniuses. Large corporations and thousands of startups call this area their home, a space that is permanently in the world’s spotlight. Following behind are cities such as multicultural New York, controversial London or the always welcoming and stimulating Tokyo. The race to challenge Silicon Valley’s lead is on.
Simple, the US-based technology company that’s changing the way people bank, today announced the beta of Simple Shared - an account for people with shared financial goals. Open for waitlist registration here , Simple Shared allows two people - whether romantically involved, good friends or just backpacking buddies - to use Simple’s unique features like Safe-to-Spend and Goals to help them reach their dreams.
BBVA, in a sharp acceleration of its shift to a digital-first mindset, is creating a hub in Dallas and stocking it with 60 experts in data analytics, software engineering, and user experience and design, all of which are rapidly changing the banking industry and its customers’ expectations.
BBVA now has 16 million digital customers, up 21% from the first half of last year, and 10.2 million mobile customers, up 45% year-on-year. The bank is also developing a wide range of products and services, including digitized traditional products like mortgages, insurance and loans, as well as native products like Wallet, Link and Wibe.
The banking core is undergoing a transformation to be able to connect with the customer at any time and at any place: with the cloud, Business to Business (B2B) connections, Business to Consumer (B2C), Bring Your Own Device (BYOD), Big Data and IoT sensors. All these ways of communication must coexist and the challenge for banking is to improve them every day to meet current expectations.
After winning the Wired Money special award and the Financial Inclusion category respectively, the Israeli company Paykey and the Dutch firm Musoni were the grand winners of BBVA Open Talent Europe 2016.
Expectation is building among the 17 shortlisted Latin American candidates that will be pitching their projects during the BBVA Open Talent Latam 2016 final. Today, Monday, they will be working long and hard on fine tuning their project presentations, with help from BBVA experts. The winners will be announced tomorrow, Tuesday..